BUSINESS
More aircraft of beleaguered private carrier Jet Airways have been grounded, mainly due to non-payment to lessors, taking the total number to 49, senior DGCA official said Thursday.
More aircraft of beleaguered private carrier Jet Airways have been grounded, mainly due to non-payment to lessors, taking the total number to 49, senior DGCA official said Thursday.
"At this moment, they (airline) have 70 aircraft that are operational. At early December, they were operating 100 aircraft," a Directorate General of India Aviation (DGCA) official told PTI.
According to Jet Airways website, the airline has over 119 aircraft in its fleet.
The "remaining 49 aircraft are grounded" and the airline has been told to ensure that passengers do not suffer because of flight cancellations resulting from this situation, the DGCA official told PTI.
Jet Airways has been maintaining since February 7, when it announced the grounding of four planes, that it is actively "engaged" with all its aircraft lessors and regularly provides them with updates on the efforts undertaken to improve its liquidity. Since then, it has been grounding aircraft in tranches.
The DGCA official said Thursday that the airline has been told that "in case the flights are being cancelled, the passengers should be properly compensated or given the alternative flight. We should not be receiving any complaints regarding that." The official described the situation as "dynamic", indicating more aircraft of Jet Airways could be grounded.
The Indian aviation watchdog official added Thursday that the airline has been told that only "air worthy" aircraft, which are completely fit for flying, should be used in operations.
"Only those aircraft will fly those are air-worthy and safe to fly," he added.
The official added that Jet Airways has been told to "get their schedule approved in advance so that the passengers are informed and the flights that you are not running will be removed from your website".
"Within the airline, we think everybody understands that this is the time to stick together and help it out. We generally worry that the pilots will suffer from fatigue. But when only 70 aircraft are flying, we can say that the pilots are engaged properly," he said.
Chief Financial Officer of Jet Airways Amit Agarwal had on February 15 said that as on December 31, 2018, the gross debt of the airline was Rs 7,654 crore or USD 1.09 billion dollars.
On February 14, financially-stressed Jet Airways reported a stand-alone net loss of Rs 587.77 crore for the third quarter ending December 31, owing to higher fuel cost and rupee fall.
The January data of the Directorate General of Civil Aviation (DGCA) showed that the market share of IndiGo, SpiceJet, Jet Airways, GoAir and Air Asia stood at 42.5 per cent, 13.3 per cent, 11.9 per cent, 8.7 per cent and 5.3 per cent, respectively.
Pushpa 2: Allu Arjun, Sandhya theatre booked after stampede during screening kills 1
Delhi AQI: Air quality improves to ‘moderate’, SC relaxes GRAP-4 restrictions in Delhi-NCR
What are penalties for holding multiple PAN cards or not having PAN card? Know here
Shillong Teer Results TODAY December 6, 2024 Live Updates: Check lucky winning numbers, prize money
Ailing Vinod Kambli to get financial help from 1983 World Cup Heroes but with THIS condition...
Security heightened at Ambala-Delhi border as farmers to march towards Delhi today
Meet IPS officer who once headed CID, now suspended due to...
World’s shortest flight lasts just 90 seconds, it covers a distance of…
DNA TV Show: How did the premiere of Allu Arjun's Pushpa 2 turn deadly?
IND vs AUS: Australia announce playing XI for Adelaide pink-ball Test, star player dropped
Delhi schools to reopen tomorrow after curbs under GRAP 3, 4 lifted; check details
PAK vs ZIM, 3rd T20I: Brian Bennett stars as Zimbabwe stun Pakistan in low-scoring thriller
Delhi Pollution: Centre revokes restrictions under GRAP stage 3, 4; what's closed under GRAP 2
Bengaluru-Chennai Vande Bharat travel time to reduce by…; check top speed, other details
Meet man who has quit Falguni Nayar's Rs 47879 crore company as CEO after 9 years due to...
Jasprit Bumrah nominated for ICC Player of the Month award after stunning performance in Perth Test
Unable to stop hiccups? Here’s what to do
Noida Metro: Major update on Aqua Line extension, UP govt submits...
Former Miss India duped in ‘digital arrest’ scam, loses Rs 99,000
Days after Ratan Tata's death, his close aide Shantanu Naidu shares an update, says 'We will'
Uber ordered to pay Rs 54000 to Delhi man after failing to…
‘Not used to seeing my face like this’: Uorfi Javed gets chin fillers dissolved after 9 years
Meet man who left IIT to start his company at 19, became youngest in Hurun India Rich List, he is...
Which Diseases Can Cause Breathing Difficulty?
Legal Name Change Ads in Delhi: Process and Best Practices
Delhi pollution: SC allows relaxation of GRAP-4 restrictions in national capital as AQI improves
Bhuvneshwar Kumar returns to form after joining RCB, stuns Jharkhand with hat-trick in SMAT
EPFO new provident fund rules: Aadhaar no longer mandatory for...
APSC CCE 2024 final result announced, check direct link here
IND vs AUS: What happened when India last played Australia in a day-night Test?
Vocera raises $500K from Y Combinator to revolutionise voice AI testing and evaluation
Meet deputy mayor, who is selling vegetables after two years in office due to...
ISRO's PSLV rocket carrying ESA satellites Proba-3 lifts off, WATCH here
Key Financial Deadlines for December 2024: Income Tax obligations, credit card rules, more
IND vs AUS: Rohit Sharma confirms India's Adelaide pink-ball Test batting order, KL Rahul will....
Watch: Rs 2.5 crore cash, Rs 75 lakh luxury car, video of wedding from UP sparks debate over....
Sunil Mittal's Airtel gives tough competition to Mukesh Ambani's Reliance Jio, now gains...
'Bangladesh is united', says country's Chief Advisor Muhammad Yunus amid unrest
SMAT 2024: Baroda shatter record books with belligerent batting display vs Sikkim
Eknath Shinde confirmed to take oath as Maharashtra Dy CM, announces Shiv Sena leader Uday Samant
Bitcoin hits $100,000: What it means for Indian investors
BIG relief to Anil Ambani, as Reliance Power share price hits 5% upper circuit after...
BJP alleges LoP Rahul Gandhi 'traitor of highest order', trying to destabilise India
Jigra OTT release date: When, where to watch Alia Bhatt, Vedang Raina-starrer thriller
Payal Rohatgi seeks financial help for her father's prostate cancer treatment
India's Bharti Airtel signs 'multi-billion' dollar 4G, 5G equipment deal with...
'Ghostly sounds' that haunted villagers for three days turn out to be..., here's what happened
Allu Arjun's Pushpa 2 full movie leaked online in HD print hours after its release
Samantha Ruth Prabhu's first post after Naga Chaitanya and Sobhita Dhulipala's wedding goes viral
Watch: Shah Rukh Khan DEBUTS new look, dances to Jhoome Jo Pathaan, Chaiyya Chaiyya; videos go viral
Kerala Lottery Result December 5 Today: Karunya Plus KN-550 winners to be announced at 3 pm
BTS Jin turns 32: A look at his illustrious career and how he became heart of ARMYs around the world
Delhi AQI: Air quality improves to 'moderate' after weeks of pollution
'Bishnoi ko bulaun kya?': Salman Khan fan illegally enters shooting set, threatens actor
Delhi Metro Blue line services affected today due to...
Bitcoin hits new all-time high of $100,000: What it means for Crypto sector?